UniFirst adopts deferred comp plan; EVP Croatti transitions to special consultant role

UNIFIRST CORP

Cynthia Croatti steps down as EVP effective Feb 1, 2022, becomes Special Consultant to CEO; remains on board.
Board adopted new Deferred Compensation Plan; eligible VPs+ can defer up to 50% salary and 75% bonus.
Shareholders re-elected Cohen and Croatti as Class III directors; ratified Ernst & Young as auditor for FY2022.

item 5.02 item 5.07 item 9.01

Executive movements

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Role change

Cynthia Croatti

Special Consultant and Advisor to the CEO

UNF · UNIFIRST CORP

Effective: 2022-02-01
Filed: January 14, 2022, 6:59 PM ET

In addition, Cynthia Croatti communicated to the Company on January 11, 2022 that effective as of February 1, 2022, she will be transitioning from her role as Executive Vice President.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Cynthia Croatti changed role as Special Consultant and Advisor to the CEO at UNIFIRST CORP.

Action: transitioned
Role: Special Consultant and Advisor to the CEO

Exact text from the filing

In addition, Cynthia Croatti communicated to the Company on January 11, 2022 that effective as of February 1, 2022, she will be transitioning from her role as Executive Vice President.

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UNIFIRST CORP filing history →

Source: SEC EDGAR

accession 0001564590-22-001382

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